<< Chapter < Page | Chapter >> Page > |
Card 26 / 43:
certificate of deposit (CD)
a mechanism for a saver to deposit funds at a bank and promise to leave them at the bank for a time, in exchange for a higher rate of interest
Previous Card | ← Previous Card Button |
Next Card | → Next Card Button |
Flip Card | ↑ / ↓ / Return / Space |
Notification Switch
Would you like to follow the 'Principles of economics' conversation and receive update notifications?